SunOpta Inc 2025年季度报告

ORTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Commission file number:001-34198 SUNOPTA INC.(Exact name of registrant as specified in its charter) CANADA Eden Prairie,Minnesota,55344(Address of principal executive offices)(Registrant's telephone number, including area code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted Yes☒Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller No☐ reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smallerreporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. (Check one): Smaller reporting company☐ (Do not check if a smaller reporting company)Emerging growth company☐If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ Common SharesSOYThe Toronto Stock ExchangeThe number of the registrant's common shares outstanding as of May 2, 2025 was117,542,316. FINANCIAL INFORMATIONFinancial Statements (unaudited) Consolidated Balance Sheets as at March 29, 2025 and December 28, 2024Consolidated Statements of Shareholders' Equity as at and for the quarters ended March 29, 2025 and March 30, Consolidated Statements of Cash Flows for the quarters ended March 29, 2025 and March 30, 2024Notes to Consolidated Financial Statements Management's Discussion and Analysis of Financial Condition and Results of OperationsQuantitative and Qualitative Disclosures about Market RiskControls and ProceduresOTHER INFORMATIONLegal ProceedingsRisk FactorsOther InformationExhibitsBasis of PresentationExcept where the context otherwise requires, all references in this Quarterly Report on Form 10-Q ("Form 10-Q") to the "Company,""SunOpta," "we," "us," "our" or similar words and phrases are to SunOpta Inc. and its subsidiaries, taken together. of interest and repayment of debt, working capital needs, and planned capital expenditures; our ability to obtain additional financing orissue additional debt or equity securities; our estimate of duties and interest owed in connection with the revised tariff classification ofcertain fruit snack products; our estimate of insurance recoveries associated with the withdrawal of certain batches of aseptically-packaged products; the outcome of litigation to which we may, from time to time, be a party; and other statements that are not factors that we believe are appropriate in the circumstances. Whether actual results and developments will be consistent with and meetour expectations and predictions is subject to many risks and uncertainties, including those set forth under Part I, Item 1A "Risk report, and in our other filings with the U.S. Securities and Exchange Commission and the Canadian Securities Administrators. Operating activitiesNet earnings Net loss from discontinued operations Earnings from continuing operations4,811Items not affecting cash:Depreciation and amortization9,726Amortization of debt issuance costs249Stock-based compensation1,543Gain on sale of smoothie bowls product line-(97)Changes in operating assets and liabilities, net of divestitures (note 12)6,049Net cash provided by operating activities of continuing operations22,281 Addition to intangible assetsProceeds from sale of smoothie bowls product line Net cash used in investing activities of continuing operations(15,154)Net cash provided by investing activities of discontinued operations-Net cash provided by (used in) investing activities(15,154) Financing activitiesIncrease (decrease) in borrowings under revolving credit facilities Repayment of long-term debt(12,115)Borrowings of long-term debt8,485Proceeds from notes payable (note 6)41,750Repayment of notes payable (note 6)(43,088)(34,373)Proceeds from the exercise of stock options and employee share purchases368 Increase in cash, cash equivalents and restricted cash in the period729Cash, cash equivalents and restricted cash, beginning of the period9,012Cash, cash equivalents and restricted cash, end of the period9,741 SUNOPTA INC. 1. Significant Accounting PoliciesBasis of PresentationThese interim consolidated financial statements of